How Does Linking My Bank Account Details Work?
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How Does Linking My Bank Account Details Work?
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About this listen
These days, lenders will request to access to your online bank accounts as part of the loan assessment. With new technology, being able to access these details, it helps us as the lender to make better lending decisions for the customer based on real time banking data. This data listed on your bank statements allows us to look at things like, income deposits, withdrawals, payments of loans, cash flow for a business and other general transactions.
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